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The Coin Collecting Dictionary

 

Welcome to the Coin Collecting Dictionary.  Here you will find the terms, definitions, etc. that are unique to our beloved hobby.  Simply click on the letter below to bring you to all the terms and definitions for that letter.

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           A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

 

C

Cameo

 

Additional grading descriptor that describes the reflective appearance of a coin.  Often used in grading Mint State Morgan Dollars

 

Carbon Spot

 

A carbon spot is a small spot of corrosion or oxidation on a coin caused by a spot of moisture.  They are sometimes dark/black spots

 

Cartwheel

 

Cartwheel is a slang term for a large American silver dollar coin, usually a Morgan Dollar.

 

Cartwheel Effect

 

A term used to describe the dazzling, rotating windmill like effect of light on a mint state coin when held up to light at a certain angle.   Although the effect can be seen on most mint state coins, it is best known for appearing on Morgan Dollars. The cartwheel effect is caused by flow lines that occur during the coin striking process and will diminish as the coin is circulated or if the coin is cleaned.

.

Cast Coins

 

Coins that were made by pouring molten metal into a mold rather than the method of striking design on a piece of metal.

 

Certified Coin

 

A coin that has been authenticated and graded by an independent professional grading service.  The graded coin will be slabbed, or encapsulated in a protective container.

 

Cherry Picked or Cherry Picker

 

A person who picks only the best coins out of a hoard, accumulation or roll of coins.  the person will then generally keep the best and get rid of the rest.

 

Chop Marks

 

Generally associated with the Trade Dollar.  A chop mark is the mark left by a merchant after accepting a trade dollar.  It was an attempt to validate the silver content of the coins

 

Clad

 

Used to describe coins made from 1965 to present.  Prior to 1965, the dime, quarter and half dollar were 90% silver.  Beginning in 1965, these coins were made from a copper-nickel alloy for the outside.  These were bonded to a copper core.

 

Silver War Tokens

 

During the Civil War, coins were scarce, so private individuals began making thier own coins.  They were similar in size and shape to the existing coins of the time.

 

 

Corrosion

 

Term used to describe rust or similar unsightly damage on the surface of a coin.  Sometimes caused by a chemical reaction.  Most prevalent on 1943 steel cents.  Also on some coins will appear as a green substance, mostly on copper coins.

 

 

 

PCGS Walking Liberty News

PCGS News

Greatest Dahlonega Mint Quarter Eagle…..Ever - CoinWeek (blog)


Greatest Dahlonega Mint Quarter Eagle…..Ever
CoinWeek (blog)
Before the recent discovery of the 1855-D in PCGS MS63 (more on this in a second), the 1855-D was more or less unknown in Uncirculated. I say “more or less” because while a few examples had been graded in the MS60 to MS61 at PCGS and NGC, none of these ...

Bargain Gold: Three Denominations Offer Some Great Values - NumisMaster.com


NumisMaster.com

Bargain Gold: Three Denominations Offer Some Great Values
NumisMaster.com
I found only one listed on eBay, a PCGS-graded EF-45 for $950. Does an EF-45 command that high a premium over an EF-40, or is it just overpriced? With a mintage of 47377, the 1858 quarter eagle looks like another good possibility.

$100 Rarity Set For Auction - NumisMaster.com


NumisMaster.com

$100 Rarity Set For Auction
NumisMaster.com
PCGS has only graded one example higher, a 66, and PMG has only graded one example higher, a 67 with serial number A5 that we sold for $115000 in our September 2006 Long Beach sale.” The note has pedigrees to Barney Bluestone, B. Max Mehl, ...

Coin Rarities & Related Topics: Liberty Seated Half Dollars on Platinum Night - CoinWeek (blog)


Coin Rarities & Related Topics: Liberty Seated Half Dollars on Platinum Night
CoinWeek (blog)
The run of Liberty Seated Half Dollars in this Platinum Night session began with an 1842 half that is PCGS graded MS-64. It is of the “Small Date, Large Letters” variety. There was another 1842 'Small Date – Large Letters' half sold by Heritage in a ...

Dealers Applaud PCGS Grading Services Coming to Hong Kong - CoinWeek (blog)


Dealers Applaud PCGS Grading Services Coming to Hong Kong
CoinWeek (blog)
By PCGS on January 31, 2012 12:17 PM The recent announcement that Professional Coin Grading Service (www.PCGS.com) has established a Hong Kong-based authentication and grading service, Collectors Universe (Hong Kong) Ltd., has received enthusiastic ...

Dealers and Collectors Praise News of PCGS Hong Kong Coin Grading Services - CoinNews.net (press release)


CoinNews.net (press release)

Dealers and Collectors Praise News of PCGS Hong Kong Coin Grading Services
CoinNews.net (press release)
by Professional Coin Grading Service (PCGS) on January 26, 2012 · 0 comments The recent announcement that Professional Coin Grading Service (PCGS) has established a Hong Kong-based authentication and grading service, Collectors Universe (Hong Kong) ...

Long Beach Attendees Could Win Gold - NumisMaster.com


NumisMaster.com

Long Beach Attendees Could Win Gold
NumisMaster.com
A Saint-Gaudens double eagle graded PCGS Secure Plus MS-65 will go to the winner of the Collectors Club Grading Contest, said PCGS President Don Willis. “We'll also have a special coin grading competition for Young Numismatists in high school and ...
When Is Deep Cameo/Ultra Cameo Proof Gold Worth a Premium?CoinWeek (blog)
How did coins do in 2011?Numismatic News

all 4 news articles »

Cent Tops Heritage Auction - NumisMaster.com


CoinNews.net (press release)

Cent Tops Heritage Auction
NumisMaster.com
A Proof-64 PCGS Secure 1829 $5 gold piece with a large date also brought $1.38 million. Individual coin prices include a 15 percent buyer's fee. “This important 1829 Large Date $5 is known as the Garrett Specimen and is the only certified proof of its ...
PCGS-Certified Coins Set Records in Heritage's $55.8M+ FUN US Coin AuctionCoinNews.net (press release)
Heritage Auctions' Orlando FUN currency event realizes $8.4+ MillionArt Daily
Coin Appraisals Serve Varied PurposesCoinWeek (blog)

all 9 news articles »

PCGS Certified Coins Set Records at 2012 FUN Convention Auctions - Coin Update News


Coin Update News

PCGS Certified Coins Set Records at 2012 FUN Convention Auctions
Coin Update News
Rare coins authenticated and graded by Professional Coin Grading Service (www.pcgs.com) broke or tied dozens of price records at the January 2012 Florida United Numismatists (FUN) convention auction sessions conducted by Heritage Auctions (www.HA.com).
PCGS-Certified Coins Set Records at FUN 2012 AuctionsCoinWeek (blog)

all 16 news articles »

1793 Chain Cent earns $1.38M at Heritage coin auction - Auction Central News


1793 Chain Cent earns $1.38M at Heritage coin auction
Auction Central News
The extraordinary 1793 Chain Cent, MS65 Brown PCGS, a coin whose origins can be traced back to the very earliest days of America's first mint, brought $1.38 million, and a crush of national and international media attention.

and more »

 

 
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